Publication date : Wijnegem, Belgium, January 10 2017 Novosanis announced today it has closed a new round of financing. The share capital was increased by a combined effort from current investor Taste Invest and from the Novosanis management team. This new round brings the Flemish medical device company to a total in equity of 2M Eur. |
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“While healthcare costs are increasing worldwide the need for medical devices that bring more accuracy and enable early detection offer a significant benefit to patients outcome while bringing efficiency in diagnostics and therefore healthcare spending.” says Philip De Mulder, CEO Taste Invest NV. |
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Koen Beyers, CTO Novosanis, says “As a young start-up, Novosanis made significant progress and achieved major milestones since its foundation early 2013. The multidisciplinary team has now grown to 11 people. The previous rounds of seed funding combined with 3 innovation grants from VLAIO, an H2020 and INTERREG grant for Colli-Pee™ and VAX-ID™ device platforms have led to CE-IVD and FDA listing of the Colli-Pee™ device next to a recently finalized successful Phase 1 clinical trial with VAX-ID™ using Hepatitis B vaccine. ” |
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“Commercial sales of the Colli-Pee™ device is ramping up. The new funding round in combination with bank loans will enable further expansion and upscaling of Novosanis’ Colli-Pee device next to development and commercialization of the VAX-ID™ device platform. VAX-ID™ is suited for accurate drug delivery in the dermal layer of the skin and therefore offers new and unseen opportunities for healthcare organizations and pharmaceutical companies.” explains Vanessa Vankerckhoven, CEO Novosanis. |
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For more information, please contact:Vanessa Vankerckhoven, CEO & co-founder, Novosanis
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